Under the Public Policy Exception to the Termination at Will

question 16

Multiple Choice

Under the public policy exception to the termination at will doctrine, courts have held that .

• A)even in the absence of a written document, an implied contract existed based on representations in the employee handbook
• B)discharge is wrongful when it is against an explicit, well-established law
• C)employers should not fire employees without good cause
• D)insubordination is grounds for dismissal
• E)persistent failure to perform assigned duties or to meet prescribed standards on the job is reason for dismissal

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Definitions:

Perfect Competition

A market structure characterized by a large number of small firms, identical products sold by all firms, freedom of entry and exit, and perfect information about prices and products.

P = MC

The condition where the price of a good equals its marginal cost, representing an equilibrium in perfect competition markets.

Technological Progress

The advancement in technology which increases production efficiency and leads to economic growth.

Demand for Labor

The total amount of labor that employers want to hire at various wage rates.